#BTT Touch & GoBitTorrent just touched the lower band followed by a green candlestick, once we get a green engulfing candlestick we may see a nice push up too .0037 next. Once the Volume picks up we may be able to break out of this wedge pattern & get on a bull run. We need to be cautious of a sell off if BTC continues to move down up until the weekend.
*Not Financial Advice
BTTUSD trade ideas
Bittorrent saved by 200 MA? What will happen in the coming weeks for BTT. On the log scale, it's a little easier to see whats happening. I do not believe this coin is done at all. I think it's just getting started. Tron has made some amazing moves this year including Century Mining, APENFT partnership, which will also utilize BTFS.
Wait and see if we will find support on the 200ma.
BTT Might Start The Next Uptrend Sewn..... ATH Test Or DOOM?Good day, Traders. BTT in a critical spot, Daily RSI looking good, but 21MA has crossed 50MA to the downside. Will they cross bullish as we rise with the over sold RSI short term, or do we test bottom support around 0.0019? I'm feeling positive for a bounce. Let me know what you think below. Please leave a like. Cheers
BTTUSD BUY/LONG NOW READY 0.004 to 0.015 by Mid July 2021TICKER CODE: BTTUSD
Company Name: Bit Torrent
Industry: Crypto Currency
Technical Analysis
1. Large Flag Pattern
2. Fibonacci Retracement at 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Buy Entry: NOW ACTIVE (0.004-0.005)
1st Partial Take Profit: 0.015
(Mid July 2021)
2nd Partial Take Profit: 0.022 (End of 2021)
Stop Loss: 0.0038
BTT Elliott wave projectionAfter the huge dip we had today in the markets, I would say that the correction is finished.
This means that, probably, we are in the beginning of a 3rd wave and the end of an abc pattern.
This wave would reach, at least, the 1.618 extension of the 1st wave projected in the end of the second wave.
Remember that the 3rd wave usually extends to some degree, so the gains could be much bigger here.
I would like to know your opinion.
I wish good profits to you all! :)
DISCLAIMER:
This is not a financial advice